nova_ad_vitum

Even if it wasn’t regressive (which it is) it still wouldn’t work to replace income tax. The tariffs incentivize domestication of production, so people are literally incentivized to circumvent them. That’s also (lol) one of the stated goals here - being back manufacturing. But you can’t use tariffs to both bring back manufacturing and replace income tax or even a substantial part of it in the short term anyways. It’s really just one or the other.

I don’t know why he wouldnt. We did the same thing last time. I think this round will get worse. There won’t be a free trade deal at the end of it, I think that era is gone. I think Canada and Mexico will have to take further measures eventually, moving away from American IP agreements and doing it in such a way that it forms a model for other countries that are hit with US tariffs .